18 Tremont Street Suite 608 * Boston, MA 02108
Phone: (617) 538-3900 * E-Mail: cltg@cltg.org
-------------------------------------------------------------------
*** UPDATE ***
February 4, 1997
Today, CLT&G will participate with MASSPIRG and other groups to demand a beginning to the end of corporate welfare. “Green Scissors” and the “Stop Corporate Welfare Coalition” represent citizens groups from left and right across the political spec-trum; environmental, fiscal conservatives, government waste watchdogs, think tanks, etc.
Representing CLT&G, Barbara Anderson will participate in a news conference at which the 1997 “Green Scissors” report will be released in Boston, and Chip Ford will attend one in Lowell.
-------------------------------------------------------------------
*** CLT&G News Release ***
February 4, 1997
CONTACT: Chip Ford
(508) 538-3900
CLT&G, Green Scissors, Stop Corporate Welfare Coalition
Target Corporate Welfare Cuts
Citizens for Limited Taxation & Government and MASSPIRG today released the “Green Scissors `97” report. The report targets a potential taxpayer-savings of $36.4 billion over five years in federally-subsidized corporate welfare giveaways.
“While we are discouraging individual dependence on government through welfare reform, it's time to also end corporate dependence on government,” said Chip Ford, Co-Director of Citizens for Limited Taxation & Government. “Double-standards and corporate greed must end.”
Last week, the Washington-based Stop Corporate Welfare Coalition released its “Dirty Dozen” target list of 12 corporate welfare spending programs that will receive a total of $11.5 billion over 5 years. Grover Norquist, President of Americans for Tax Reform and a Coalition member, asserted that, “any spending that goes to help special interests ought to be stopped,” and challenged Congress and the Clinton Administration “to stand with the taxpayer against this wasteful, counter-productive government largess . . .” CLT&G is also a member of the national taxpayers organization, Americans for Tax Reform.
“With corporate welfare costs now topping $300 billion, demanding a mere 5 to 10 percent reduction in these frivolous handouts is not asking for much,” added Ford. “The difficulty in cutting even this relatively small amount of wasteful federal spending underscores the desperate need for the pro-posed federal balanced budget amendment.”
- 30 -